We acted for AIM listed company Wynnstay Group PLC in their acquisition of Telford based Wrekin Grain Ltd a leading independent grain marketing and agricultural inputs supplier. The anticipated consideration was £4.0m, with 3.0m cash paid on completion. A further £1.0m may be paid based on future performance.
We assisted Stax Trade Centres plc with their acqusition of Edinburgh based WF Wishart. The Alexander & Co team, led by partner Stephen Verber helped with negotiating the financial terms of the deal and carried out the financial due diligence. Stephen Verber says, Alexander & Co have been advising Stax since assisting with their MBO in 1986 and that this acquisition demonstrates the management team’s long term ambitions to build on their current Top 300 North West companies position. Wishart will provide an excellent base to continue expansion in Scotland.”
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